The average monthly payment is $726 for new cars and $533 for used cars. This is a benchmark as several factors will determine your actual monthly car payment.
Charlie Bilello on X: The average monthly payment for a new car in the US hit a record $736 last month. The increase over the last 3 years: 28%. / X
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Home, Auto, Student and Credit Card Debt Comparison (Introducing AINA), by Matt Croak Code, Dec, 2023